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$1,300,000
5205 Tipton St Unit 103, San Diego, CA 92115
Landmark Multifamily and Development
0Beds
1Days Listed
About This Property
Permits ready to issue on an approved 2-unit project in the heart of SDSU's rental corridor — plans are approved and entitlements are in hand, zoned RS-1-7 within the SDA, TPA, and College Community Plan. No entitlement risk, no waiting; approved plans convert the existing SFR into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, the project is projected to generate $15,050/month in gross rental income. Phase 2 presents a clear path to adding a 3rd unit by-right in the rear, unlocking additional density and income upside beyond what's already approved.
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 1
- Original Price
- $1,300,000
Location & Neighborhood
What's nearby 5205 Tipton St Unit 103, San Diego, CA 92115
Nearby Schools
- Language Academy Elementary School0.3 mi
elementary
- Montezuma Charter School0.3 mi
elementary
Parks & Recreation
- 0.2 mi
- 0.2 mi
- Heart Park0.3 mi
park
Transit Access
- Montezuma Road & 63rd Street0.2 mi
Bus Stop
- College Avenue & Alvarado Road0.3 mi
Bus Stop
- Montezuma Rd. & Reservoir Dr0.4 mi
Bus Stop
- College Av & Lindo Paso0.4 mi
Bus Stop
- College Avenue & Pontiac Street0.4 mi
Bus Stop
Local Amenities
Grocery
- Aztec Market & Convenience Store0.3 mi
- Trader Joe's0.5 mi
Dining
- The Dining Room0.3 mi
- Oggi's Pizza Express0.4 mi
POI data updated 5/28/2026
San Diego Market Snapshot
2,716
Active Listings
$849K
Median Price
35
Avg Days on Market
Last updated: May 28, 2026
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Listed by
Daniel A Sipher, Landmark Multifamily and Development · 408-368-5225
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,300,000